BERNARD EDWARD C 4

What Happened

• Edward C. Bernard, a director of LPL Financial Holdings, was credited with 4 stock units (transaction code A) on March 24, 2026. The filing reports an acquisition price of $0 and a total reported value of $0.
• Each stock unit represents the right to receive one share of common stock and the units are fully vested. These units were credited to Mr. Bernard’s Non-Employee Director Deferred Compensation Plan (DDCP) account in connection with a quarterly cash dividend.

Key Details

• Transaction date: 2026-03-24; Filing date: 2026-03-26.
• Amount: 4 stock units (each equals one share); reported acquisition price $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Units granted under the 2021 Omnibus Equity Incentive Plan and credited to a DDCP deferral account; previously granted deferred units are fully vested (see footnote F1).
• Signatory: Form signed on behalf of Edward C. Bernard under a Power of Attorney dated Nov 21, 2024.
• Timeliness: Filing occurred two days after the transaction (appears within the usual reporting window).

Context

• This was an award/credit of stock units tied to a dividend and not an open-market purchase or sale—such dividend-credited units are routine compensation/deferral actions for directors and do not necessarily signal a change in insider sentiment.
• Because the units are fully vested and represent rights to receive shares, they are a form of equity compensation rather than a cash purchase or option exercise.